Oracle Financial Services Sees Surge in Put Options with 2,795 Contracts at Rs 9600 Strike

Oracle Financial Services Software Ltd (OFSS) has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating within the Software Products industry and holding a mid-cap market capitalization of Rs 80,810 crore, has seen significant trading activity in its put options set to expire on September 30, 2025.
Among the notable trades, the put option with a strike price of Rs 9600 led the activity with 2,795 contracts traded, resulting in a turnover of Rs 723.19 lakh. This was followed closely by the Rs 8900 strike price put, which saw 2,098 contracts traded and a turnover of Rs 139.93 lakh. Other active strike prices included Rs 8500, Rs 8800, and Rs 9100, with respective contracts traded of 2,992, 1,888, and 1,930.

The underlying stock value stands at Rs 9387.0, and the overall performance today has outperformed the sector by 1.79%. The stock has been on a positive trajectory, gaining 13.71% over the last four days, and opened with a notable gap up of 7.4%, reaching an intraday high of Rs 9950. Additionally, Oracle Financial Services Software is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In terms of liquidity, the stock remains robust, with a delivery volume of 2.9 lakh shares on September 10, reflecting a significant increase of 747.93% compared to the 5-day average. The open interest for the put options varies, with the highest being 1,613 for the Rs 8500 strike price.

In summary, Oracle Financial Services Software Ltd is witnessing heightened activity in its put options, reflecting a dynamic trading environment amid its recent stock performance.